Tuesday, February 23, 2016

S&P/Case-Shiller: December 2015

Today's release of the S&P/Case-Shiller (CSI) home price indices for December reported that the non-seasonally adjusted National index increased slightly from November with prices rising 0.09% while the non-seasonally adjusted Composite-10 city index declined 0.06% and the Composite-20 city index increased 0.02% over the same period.

On an annual basis, the National index increased 5.43% above the level seen in December 2014 while the Composite-10 city index increased 5.14% and the Composite-20 city index increased 5.74% over the same period.

On a peak basis, all three indices still show significant peak declines slumping 4.86% for the National index, -12.85% for the Composite-10 city index and -11.51% for the Composite-20 city index on a peak comparison basis.

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